Pricing of equity and convertible securities may be set with lead manager consultation or via regulated book building process. Issuers may determine the issue pricing of equity shares and, for convertible securities, the coupon rate and conversion price either in consultation with lead managers or through the prescribed book building process; if book building is used, it must be conducted in accordance with the regulatory procedure specified for such offers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Pricing of equity and convertible securities may be set with lead manager consultation or via regulated book building process.
Issuers may determine the issue pricing of equity shares and, for convertible securities, the coupon rate and conversion price either in consultation with lead managers or through the prescribed book building process; if book building is used, it must be conducted in accordance with the regulatory procedure specified for such offers.
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